What is Investment Regulations and Policy Framework of Malaysia ?
Investment Regulations and Policy Framework of Malaysia Despite of the fact that the NEP goal of 30 per cent foreign ownership was not reached in 1990. The Malaysian government encourages FDI in most industrial areas. This is particularly true when opportunities for Bumiputras are enhanced. Moreover, export enhancing FDI has been denoted as the engine to growth in the private sector (Jayasankaran 1995: 44). Major Investment Incentives Malaysian FDI incentives are in close coherence with the economic policy framework and can be considered competitive in comparison to other nations. The liberalization processes in foreign exchange controls and in trade together with stable political and economic conditions, served as major incentives to FDI. In addition, there are major tax incentives through the Pioneer Status and Investment Tax Allowance. The Pioneer Status, gives a foreign in...
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